About your Search

20130318
20130326
STATION
CNNW 88
LANGUAGE
English 88
Search Results 0 to 49 of about 88 (some duplicates have been removed)
us up. it is serving iranians but not a penny tax increase. but in that environment it is unrealistic thing to expect a grand bargain and we don't want to hold short term policies hostage to have a grand bargain i'd love to see but isn't going to happen right now. >> this last graph is about japan. you brought it to my attention. you wrote a book at about the japan economics and the -- >> that's right. >> japan is the full-scale dress rehearsal for what we are going through now. people studying japan in the '90s were dreading what happened. >> if you look at japan, one thing you say is when you look at japan now you are glad the japanese central bank is finally doing something. you often argue that japan didn't do enough in terms of stimulus. i want to show you japan's debt to gdp. i guess if this isn't enough, than what is? look at what they spent, it paved every roadway and highway that you could find and it went from 60% debt to gdp to 250% and still it didn't. >> be careful here because that's is gross debt and the central bank is a smaller number actually. >> i have seen the debt
. it's going to open us up and it's serving iranians, but not a penny of tax increases. no way. in that political environment, it's an unrealistic thing to expect any kind of grand bargain and we don't want to hold short-term economic policies hostage to having this grand bargain that i'd love to see but isn't going to happen right now. >> let me ask you about the last graphic about japan. japan looms large and you spend a lot of time working on it. you came to my attention first when you wrote a book about the, you know, japan-style depression economics and the age of diminished expectations. >> no, japan was the full-scale dress rehearsal for what we're going through now. japan is, people who were studying japan in the 1990s are the ones who are dreading what actually happens. >> when you look at japan. one thing you say, you're glad that the fed, the japanese central bankers finally doing something, but you often argue that japan didn't do enough in terms of stimulus. i want to show you japan's debt to gdp. and, you know, if this isn't enough, then what is? look at what japa
significantly. has he lost leverage with republicans? what does that mean for whether your taxes are going up? >>> and stephen colbert talks about his sister running for office and is talking about being white racist of itself. a war of words over race in america tonight. it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. live the regular life. phillips'. a hairline fracture to the mandible and contusions to the metacarpus. what do you see? um, i see a duck. be more specific. i see the aflac duck. i see the aflac duck out of work and not making any money. i see him moving in with his parents and selling bootleg dvds out
. there was such a huge backlash over a proposed tax on bank deposits. >> yeah. >> very outspoken about that. >> absolutely. including people around europe worried too. you see there some worried people lining up outside atms because the banks are still closed, our nick paton walsh is in the capital. >> the reason people are in such large numbers is because this atm is working. some getting 500 euros, some less, not sure what the rules are to many of them but it's a symptom of a panic slowly setting in. we have a banking system here that's really beginning to collapse. people in shops saying they'd rather take cash because the people supplying them goods for sale insist on receiving cash concern for the government's pay system won't function in the 48 hours ahead. but above all people just trying to make sure they have enough money to get through the days ahead. >> so much uncertainty. so much distrust. richard quest is joining us now from london on this. so what happens monday if they don't come up with a so-called plan b? >> right. if there is no credible, workable plan, or a bailout plan,
with your 401(k)? well, over the weekend, european policymakers agreed to bail them out by imposing a tax on the savings accounts of people who live there. that's right. they're actually taking the bailout money directly from people's bank accounts. of course, that sent folks running to their atms to withdraw their money, sparking a panic. now there's concern the same thing will happen in other parts of europe. and even though wall street is hanging tough, could the cyprus crisis impact us down the line? tom foreman has a fancy show-and-tell to help break it all down for us. tom, thanks for joining us. i understand why cypriots are worried, but why should americans be? >> because this can rattle your wallet. >> really? >> look at this over here. i start with the rhetorical question. what do shreveport, louisiana, knoxville, tennessee, have in common? they have bigger economies than cyprus. it has over a million people. gdp of about 24 billion. but this place is in big trouble right now, because of the issue of debt. what they have is a massive debt. they're spending more than they have, s
are always trying to protect taxes or wealthy people? is that a problem out there with the rank-and-file voters? >> no, i mean -- i don't think so. i think that's obviously a misperception that's become a real perception by the public. but i think we have to talk about things in ways that people can relate to. i mean, if you're talking about taxes and taxing small businesses, you have to talk about the fact that if -- if -- if our small businessman has to pay more money to the government, then he's going to have less money to pay to his ememployers, and the ememployers will have less money to send kids to the school of their choice. i think it's a matter of talking about the debt differently. not just we are in imminent danger in a debt crisis in this country. but what does that mean to people? it means that our government is growing so fast and it's becoming so expensive that we're making payments to our credit cards that we can't afford, which means we have to keep -- we'll keep having this debate about needing more revenue to the government. well, that means less money in peo
the budget over the next ten years. >> but no tax increases. >> no tax increases. the president already got $650 billion worth of tax increases january 1st. he got a trillion dollars worth of tax increases in obama care. this year the federal government will bring in more revenue than any year in our history and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the end of the year but it is also true the white house put $1.5 trillion worth of spending cuts in their budget. the truth is you're both right. i mean, they have offered spending cuts. the taxes did go up. it still hasn't made enough of a dent. you still have to sit down and do something. >> right. i think we're doing our budget this year. actually we're doing it this week here in the house. our budget will balance in ten years. we're going to pass our budget. hopefully the senate will pass their budget. except their budget never comes to balance. the president's budget never comes to b
states, and they now get taxed more because they're taxed as single people when the estate tax is looked at. one of them died. now, the supreme court can do a number of things here. number one, they could just say, listen, if you enact gay marriage, it's illegal to ban it. that would only affect a very lifted number of states. but they also could hit it in a much bigger way. they could say gay marriage is protected as a privacy right under the u.s. constitution. and they could issue a sweeping decision legalizing gay marriage throughout the united states. now, most constitutional scholars don't think they'll go that far, but you know something, they could if they wanted to. >> but right now, you know, these cases are diametrically opposed. you have one talking about state law and the other talking about the federal reach. will one supersede the other? meaning, you know, if the federal law is reversed and there is a recognition of marriages of same-sex couples, then no matter what, states would have to recognize that, right? >> not necessarily. the federal law, and that's the second case
taxes, it would curb spending by repealing obama care and eliminate the deficit in ten years. $4.6 trillion in cuts. zero chance of passing in the democratic-controlled senate, it's dead on arrival. >> lawmakers in the house and senate approved legislation to fund the government through the end of september. that avoids the risk of a partial federal shutdown. in the process, they are on spring break for a couple weeks. what's your take on this? >> my take is the whole financial dysfunction of our congress is mind blow iing. you look at this week. let's say frederick, maryland, where there's air traffic control that will be shut. a tower that was built by the stimulus money. so stimulus money went into this tower. the government saying it's a priority. and the the government because of its dysfunction saying we have to shut is down. that's a perfect representation, i think, of how washington is not doing its job. we can't even pass a budget. it can't even run the books. there's no strategy. when you look at some of the spending cuts, you see a lack of a strategy in american financ
's an identity thief who used this device to grab his wi-fi signal, steal his identity, file taxes and get his return. now she's got his money, and he's got a problem. >> looking forward to your tax refund? so are identity thieves, and they can steal your identity without you knowing it in order to get your refund. it happens to thousands of people every year. you have to be proactive when it comes to identity theft, especially during tax season. >> announcer: every year, millions of americans learn all it may take to devastate your life is a little personal information in the wrong hands. your identity needs protection, and no one does it better than lifelock. >> identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. >> announcer: lifelock offers the most comprehensive identity theft protection, period. and lifelock ultimate was named "best in detection". lifelock's 24/7 proactive protection alerts you as soon as they detect an attack within their network, before it's too late. lifelock protects your social security number, money, credit, even the
country to get a bailout. very controversial because it includes a tax on bank accounts. over the weekend, nervous cypriots ran to the atms to with draw large sums. lawmakers holding a hearing today in the u.s. on the us airways/american merger. a senate judiciary committee looking into the impact the deal might have on competition. the ceos of both airlines will appear. many analysts don't expect ticket prizes to rise, because there isn't much overlap between usair and american. still airline mergers are often heated and messy. complaints about lost bags, screwed up reservations, delayed flights typically soar after two airlines combine their reservation systems. we'll continue to watch the big airline merger. >> always has the potential to be a hot mess. >> yeah. >> take a look live at the vatican. the pope now greeting the leaders from around the world. we'll tell you what he says in his next -- before his inaugural mass this morning. take you back live to rome coming up next. and then today marks ten years since the invasion of iraq. coming up john's powerful conversation with america
been taxing literally all of the accounts, so they kept the banks closed so people wouldn't drain their accounts. so what is happening now. >> cyprus has struck a deal that taxes just the biggest bank accounts, anything more than $130,000. and that will hit mainly foreign investors. will hit them the hardest anyway because the banking system in cyprus takes in billions of dollars in foreign investment, especially from russia. >> but the deal is good for americans, europe is actually one of our biggest trading partners. and if it's in turmoil, europeans not in the mood to buy any american goods. american markets were higher friday in the hopes the deal would be reached this weekend. what is the reaction today? >> zain asher's in new york for us. tell us what happened. there was a bit of a bounce but then it came back. what's been the impact? hey, michael, and suzanne. sduric manages a gain. dow hit a new intraday high 14,563. the s&p got within one point of a record high. but we watched the s&p a little bit more closely because it's bigger, 500 stocks as opposed to the dow's 30. an
a proposed online sales tax. [ man ] i got this citi thankyou card and started earning loads of points. we'll leave that there. you got a weather balloon, with points? yes i did. [ man ] points i could use for just about anything. go. ♪ keep on going in this direction. take this bridge over here. there it is! [ man ] so i used mine to get a whole new perspective. [ laughter ] [ male announcer ] earn points with the citi thankyou card and redeem them for just about anything. visit citi.com/thankyoucards to apply. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. [ male announcer ] when you wear dentures you may not know it, but your mouth is under attack. food particles infiltrate and bacteria proliferate. ♪ protect your mouth, with fixodent. the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. ♪ been waiting for the price then hurry, sleep train's beautyrest and posturepedic clo
not have had to pay the $600,000 in estate taxes she had to pay when her partner died. that's what we're talking about. that's the kind of equality, but regardless of what the court decides, edith and thea are still going to love each other and still going to be a couple. >> the thing is that edith and t he a don't want separate but equal treatment under the law when it comes to civil unions or marriage and that's what the whole thing is about. >> it's not separate and equal. that's the whole conversation. >> absolutely. >> there's more than 1,000 laws that are separating, you know, same-sex couples from heterosexual couples who are in the same comparable relationship, more than 1,000 laws. essentially i pay no taxes for no other reason than my sexual orientation, no other reason how i was born so it's not even separate but equal. it's separate but unequal. >> and while the entire nation is watching, millions may be directly affected by the decision of nine people in washington. you'll hear from one of those couples next. with the bing it on challenge to show google users what they've
in the bank will be taxed on them. under $130,000 it's a 6.75%, over $130,000 a 9% tax. and of course this is going to hit ordinary depositors, moms and pops, poor businesses, anybody who's got a bank account in cyprus is going to have to pay this tax. and it changes a fundamental principle of all bailouts so far. it is hitting the small people, the private investor, the private depositor. >> look at the other countries that have been bailed out. greece as a prime example where wages and retirement was slashed by more than these people are going to pay, which is a -- >> no, no, no. no, michael, it's not -- in cyprus case it's not an either or all, it's going to be a both. not only are they going to face this tax to help make up a shortfall, they're also going to have spending cuts and the government cutbacks, they're also going to have the recession that follows on as they try and make the economy back on track. this was done because some european countries believed to be the fins and germans and other northern european countries wanted to make sure they were not seen as bailing out r
a one-time tax on bank accounts. why investors are around the world including the united states are growing more concerned about what is happening in cyprus. >> we're following a developing story in nevada where a military training exercise has ended in tragedy. the marine corps says seven marines were killed in an explosion. authorities investigating the exact cause which could include a related traffic accident. >> all this happening at hawthorne army depot in western nevada, 140 miles southeast of reno. helicopters brought in to take those patients to area hospitals. >>> at least 48 people today were killed in a wave of deadly attacks across iraq. >> in all, 17, yes, 17 car bombs, 7 roadside bombs and 2 shootings, this all coming of course on the tenth anniversary of the u.s.-led invasion of iraq. >> a live report from baghdad at the bottom of the hour. ♪ >> the trumpets sounding in the vatican, today marks the official start of pope francis' papacy. >> thousands of people, francis was inaugurated. the bishop of rome. >> francis cruise through st. peters square, in an open
challenge of organizing a taxed and regulated market in way that is plekt public health and public safety. >> why did boe tech win? >> they were the highest individual scores in each of the four categories. >> some have called the position the state's drug czar. >> i don't believe that's our official title. >> the competition for the contract was fierce. >> we ended up getting a ton of responses, actually 112 submissions received by the agency, and 95 of those were actual proposals. out of that we had 43 proposals deemed non-responsive. >> wonder why. the pot head consultant bo tech's ceo mark kleinman is already controversial among activists because he expressed concern about state legalization efforts conflicting with federal law. >> we have no idea what the federal government is going to do. if they step in with an injunction, we won't implement based on the dates in 502, but i don't see that will stop us in putting together the framework. >> financial terms of the deal still are being negotiated, but it is budgeted at $100,000 a year. there was one final question for the weed wardens
have bank accounts would be taxed one time on their deposits. so if someone has an account with $129,000 or less, they would have to fork over almost $9,000. that's a 6.7% tax. people who live there as you can imagine, they're really nervous about this tax. over the weekend, many rushed to withdraw their money out of the bank. this is what's unnerving the markets right now. about 15 minutes before the opening bell. >> al wlis siclisoison kosik li york stock exchange. >>> the heat tied a leg record for the second most con secreta consecutive wins. they will try to extend the streak in boston tonight when the celtics have their own run going, 11 straight home wins. >>> another miami basketball team is also on a roll, though. the university of miami hurricanes beat north carolina to become atlantic coast conference champs and advance to the ncaa tournament. 67 other teamses are in the big dance which tips off tomorrow. that means it's time to fill out those brackets. carlos diaz is checking a huge one here in the cnn center. wow, carlos. ♪ ♪ indiana, indiana, we're all for you, we w
. >> are you supposed to pay this tax, and people -- people don't do it. i think last year in missouri we had about 300 people pay the tax in the entire state. >> basically, it will say all states have to have sales tax. forget your income tax. and beyond that, it will be the same rate. >> not everyone is on the same page, senators from both parties also argued against the internet sales tax. >>> a canadian highway has reopened after a massive pileup, injuring 100 people. the mile long accident happened on a highway near edmonton during a spring snowstorm. several stranned passengers were helped. >>> a teenage girl hiding inches away from three burglars robbing her home. she was on the phone with 911, and the operator could even hear the burglars. cnn's miguel marquez has more. >> reporter: this young woman was home alone when three burglars broke in. >> i so was scared. i could see them. >> reporter: the quick thinking 15-year-old grab as a phone and called 911. >> please hurry. >> we have a helicopter on the way too. >> reporter: she hid behind clothes in her robber's closet. the robbers so
investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. great first gig! let's go! party! awwwww... arigato! we are outta here! party...... finding you the perfect place, every step of the way. hotels.com >>> good morning, atlanta. doesn't look like it yet, though. see a live shot of downtown atlanta there. very soggy downtown. heavy thunder and lightning overnight. and take a look at the radar. that's why. heavy storms move in across the southeast today. everybody kind of hunkered down there. not only trying to get you ready for the day ahead with weather but let's talk about the week ahead from outer space to cool new cars. time to get you ready. let's talk about tuesday first of all. dragon capsules splash down in the pacific ocean. filled with t
filing taxes and receiving debt benefits to who gets called as next of kin. >> i had to list corraine as my sister just so that someone would call her in the event that i'm killed or missing in action. or hurt on the job. she can't be my emergency contact. she can't receive my remains. >> reporter: corraine on the other hand gets the benefit of being married because the nation's capital recognizes same. sex marriage but only nine states in the district of columbia have taken that step so just by crossing the potomac river into virginia you lose that status. >> why do we have to be married locally but federally it's nothing, we're friends. we wear a ring symbolically. so it's ridiculous. >> what the bill does -- >> reporter: now the defense of marriage act also known as daytona first passed by congress and signed by president clinton in 1996 is being challenged at the supreme court. >> it's being asked to decide there whether or not congress can pass a law that treats same-sex couples who are already married under the laws of their state different from opposite sex couples. >> reporter
balances the budget in ten years, but with huge spending cuts and even tax cuts as well. and on the senate side, democrats raise taxes by a trillion dollars, cut spending by about the same, don't balance the budget in the near future. ultimately this doesn't have to become law, these are blueprints, but ultimately if there's any chance at dealing with the debt and deficit, these two, very different philosophies and visions. >> early april, the president comes up with his budget recommendation. a lot of people are hoping all of this will eventually result in the grand bargain, a real deal looking down the road, everyone on board basically. a deal that would avoid, for example, having to worry about raising the debt ceiling end of july, early august. is that at all doable? >> it is possible. i wouldn't go as far as saying doable now. but what i will say, the difference in approach now versus say two years ago when they tried this and it failed and it was, you know, almost the end of the world as the u.s. bumped up against the debt ceiling, the difference is they are going through what we cal
the $600,000 in estate taxes she had to pay when her partner died. that's what we are talking about. that's the kind of equality. regardless of what the court decides, edith and dhea are still going to love each other and still going to be a couple. >> the thing is thatied itds and thea don't want to separate but equal treatment under the law when it comes to civil universityions or marriage. that's what this whole thing about. >> it is not separate and equal. that's the whole conversation. it is not. more than 1,000 laws that are separating, you know, same-sex couples and heterosexual couples that are in the same comparable relationship. more than 1,000 laws. essentially i pay more taxes for no other reason than sexual orientation. no other reason than how i was born. not separate but equal. separate and unequal. >> i want to play this because i know that you want to address this. we had an e-mail exchange. i did get it in the show just for you. ralph reid making controversial remarks on today's "meet the press." >> what i said was the verdict of social science is overwhelming and irrefu
is being asked to tax the savings accounts in people's banks at about 10% in exchange for 10 billion euro bailout from its eu partners. that's a first in the short but painful history of eurozone bailouts and it set off a weekend run on atms. people trying to get their savings out before taxes hit. banks are closed through wednesday to prevent a run. parliament is due to vote on that tax tomorrow. >>> so how offensive is this. check out that salute. the nazi salute on the field of a professional soccer game in greece over the weekend and the player is actually doing this to celebrate a goal. that 20 year old was immediately admonished. look at the look at the face of his teammate. eke. in his defense he said he did not know this was a nazi salute. that he doesn't know politics. but he certainly has time to learn now because he's been banned for life from ever playing on his country's national team. >>> a close call for louisiana governor bobby jindal on his way home from his son's soccer game when a truck sideswiped his car while making an illegal turn. governor jindal wasn't hurt but a t
again, not surprising, the parties split over taxes, spending cuts, and the deficit. house republicans and democrats from the house are now trying to make their case. >> the republican budget, the same baby with a new dip somewhere there is diaper will have be changed once again. reality is, this budget is very little difference between this budget and the ryan republican budgets of the past. >> you want more tax and spend or you want a future that balances. the question is always why, one or the other. the democrats' tax and spend, you get the same economy that you've had right now. you're going to lose more of your paycheck which every person working today has. >> all right. so another thing happening at the white house here. the easter egg roll might be spared from this government gridlock. all this started when ticket holders to the annual event were told it could be cancelled if lawmakers cannot agree on a plan to prevent the government from shutting down. this year's easter egg roll set for april 1st. looks like it's going forward as planned. we know it's a fun event. a lot of pe
costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. squa championship game rapped up. winning the acc for the first time this school history, but still wasn't enough to earn them a one seed in the big dance. miami is a two seed in the east region. louisville number one overall. the other one seeds are kansas, indiana and gonzaga. last year's number one overall seed, kentucky, they failed to make the tournament this year. st. louis wrapped up the atlantic 10 title yesterday taking care of bcu. after the game they tried to get right to the airport so they could watch the selection show, but they got stuck in traffic in new jersey, so the entire team stopped off at a local best buy and set up their own watch party. shoppers joined them as they learned they would be the four
and where the storm is heading. >>> and michele bachmann is saying president obama is wasting her tax dollars on his family and his dog beau. she said stuff in the past that has no facts to back it up. we wanted to ask where she got her fact this is time. we'll show you what happened when dana bash tracked her down. at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. ♪ ♪ twith blackberry hub10 and flick typing. built to keep you moving. see it in action at blackberry.com/z10. ♪ it was the best day ♪ ♪ it was the best day yeah! ♪ it was the best day ♪ because of you [sigh] [echoing] we make a great pair. huh? progressive and the great outdoors -- we make a great pair. right, totally, uh... that's what i was thinking. covering the things that make the outdoors great. now, that's progressive. call or click today. >>> a convicted school gunman not only shows no remorse for kil
is saying president obama is wasting her tax dollars on his family and his dog beau. she said stuff in the past that has no facts to back it up. we wanted to ask where she got her fact this is time. we'll show you what happened when dana bash tracked her down. just when you thought you had experienced performance a new ride comes alo and changes everything. the powerful gs. get great values on your favorite lexus models during the command performance sales event. this is the pursuit of perfection. nlove. as americans, we believed we can'tin freedom.person we during the command performance sales event. that's what i fought for as a marine, and that's what we believe in as republicans. freedom means freedom for everyone. i didn't use to understand the importance of same-sex marriage, but after learning my brother was gay i wanted the same rights for him. he was the best man at my wedding and i want to be the best man at his. it's only fair that calvin should have the freedom to marry the person he loves, too. it's time for marriage. google's backyard for the wbing it on challenge.. [f
? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. nlove. as americans, we believed we can'tin freedom.person we that's what i fought for as a marine, and that's what we believe in as republicans. freedom means freedom for everyone. i didn't use to understand the importance of same-sex marriage, but after learning my brother was gay i wanted the same rights for him. he was the best man at my wedding and i want to be the best man at his. it's only fair that calvin should have the freedom to marry the person he loves, too. it's time for marriage. from beautyrest40% and posturepedic.ets save hundreds on floor samples and closeout inventory. but hurry, the beautyrest and posturepedic closeout sale ends sunday at sleep train. ♪ your ticket to a better night's sleep ♪ >>> congresswoman michele bachman
, estate tax laws, i mean through the up, down and around, so many laws will be affected by this. 1,000 provisions will be affected by this. it's landmark legislation. it will be a landmark decision by this court. >> is that how you see it as well? it may cost the workplace or insurance companies or is it about religion? about core believes in that respect that is at the center piece of this argument. >> some argue that. some say this is a religious issue. as far as the federal courts have been concerned, they have looked strictly at the equal protection clause and looked at government action and whether or not it restricts personal freedom. that's the issue. there are friends of the court for religious organizations saying uphold the law, uphold the law. indeed there will be supporters of that. but at the end of the day, the court has to resolve whether or not personal freedoms are aff t affected by restricting 1,000 federal programs and laws that will be affected with the outcome if it's held unconstitutional. >> let's move on to proposition eight. it was passed by california vot
with $129,000, you would have been taxed $8,700, gone. taken right out of your account just like that. the people in cyprus protested and rushed to withdraw their money. look at the protest lines at the banks. any bailout needs to come with strings attached and the russians, guess what? why are the russians not happy about this tax? because about $30 billion, a third of money in cyprus belongs to russian people. russians park their money there because the taxes are so much lower. this would be a tax on russian money, too. for now the banks remain closed until thursday. the cyprus stock exchange remains closed. the uk is flying one million euros in cash to cyprus for british soldiers who might run short of money. this is a really interesting situation to watch here in cyprus. >> imagine your bank being closed. >> yeah. you have no access for three days. >> it's a reminder of how fragile and interconnected some of the pieces are in the european story. we're watching a recession deepen in europe. >> also when you think you have awe tax haven. >> that's right. >> christine, thank you. >>>
, the largely party line vote was 50-49, it followed a marathon overnight session, it would increase taxes by $1 trillion over the next decade and goes to the republican dominated house where it's not expected to survive. the senate has already voted down the house's plan. >>> in georgia a 14-year-old and 17-year-old are in custody expected to be charged with first-degree murder in the shooting death of a 13-month-old boy. the baby's mother was pushing the little guy in a stroller thursday morning when two men approached her and demanded money. >> they're still looking for the gun and the motive. nick valencia is in the small town of brunswick in southeast georgia. nick you've gotten new information from police, what is that? >> reporter: good morning, victor. i just got off the phone with brunswick police officer todd rhodes and says the two suspects have officially been charged with first-degree murder and also tells me in response to this alleged alibi from demarcus elkins, the older suspect, now his aunt was saying that he was with her that night, that it's impossible that they got the wrong
in federal tax dollars have been spent so far with very little to show for it. "360" has been investigating some of these projects like the billion spent in california without one shovel being put into the ground. or the tens of millions spent on high speed rail in vermont, where very few people ride trains to begin with. tonight, our investigation focuses on a project in the pacific northwest that cost a lot. you can decide if that expenditure was worth it. here's drew griffin. >> so now, for one of his last speeches in this position, the secretary of transportation, ray lahood. >> reporter: in a half-filled conference room, transportation secretary ray lahood tried to rally hope that his dream and the president's dream of high speed rail would become a reality. but that dream, shared by those here who stand to make money from high speed rail, is turning into a pipe dream. >> this has been an extraordinary four years for high speed rail. >> reporter: what is extraordinary is just how much money federal taxpayers have dumped into high speed rail while the trains are still slow. four years a
it by reducing and taking away child benefits, which was universal tax credit that was given to all mothers. they did that five months ago. now yesterday they announced that they were going to give credit to parents who were going out to work, but they weren't actually going to bring it into place until 2015 until the next government's in place. so we've got a long way to go until it actually happens. >> there was an interesting survey here in the united states salary.com, i'll give you the stats, they said that mothers spend about 94 hours a week working on their parental duties. this is no real surprise i suppose if you've got kids. things like child care, cooking and cleaning. if they were to get paid for those duties with today's sort of average salary rankings, it comes out to $112,000 a year you'd be paying them. so you generally think stay at home moms aren't respected in great britain or generally speaking within the community? >> no, they're not respected. women visible in country and there are only two countries in the whole world that don't recognize a family, that means a couple
that they would have to tax the bank accounts of their own citizens and those of foreigners in their country to help pay back this loan to bail them out. they don't like the idea of that at all. who's pushing it? we don't know where it came from, but we know a very strong eurozone member, germany, has been talking a lot about accountability. the idea that if you have a bailout like this for cyprus there has to be some really strong participation from cyprus in paying it back. and maybe there's no other way for them to pay back. that is what has spurred so much talk about russia of all things. why russia? why would russia be so interested in all this? there's a historic connection between russia and cyprus, but importantly many, many russians have many, many millions of dollars in those cyprus banks as an offshore tax haven. enough so they may control half of the accounts there in cyprus. the russian government does not want that money lost to its citizens for investment in russia, for building in russia. so the idea has been floated that maybe russia will step in and find a way to help pay b
-of-war. the sweet tax deal that could be designed to lure a jimmy fallen-hosted "tonight show" to new york city. welcome back to early start. nice to have you with us this morning, i'm zoraida sambolin. >> good morning, i'm christine romans. it's about 30 minutes past the hour. breaking news this morning. a shooting at the military bailes at quantico, leaving three people dead. it's believed they are all marines. the base was on lockdown earlier this morning. the gunman barricading himself inside the building where he apparently killed himself. >> ask for everyone's prayers and thoughts for the families who are affected by this tragedy and we ask also that you give us time so we can sort out the details and get you guys the accurate information that you want. >> hmm. wow. more details coming up in a live report from quantico. >>> and in other news today, developing story out of texas may help solve the murder of tom clements. colorado police in texas this morning, at the scene of a police shoot-out that left the suspect dead. the dead man may have been the subject of a massive manhunt for the c
. people see tons of tax relief and economic support for those who have. they see the big guys supported. >> it's not just investing in the market. it used to be when you had records in stocks it meant the companies were flush and companies were spending more money on hiring and on expanding and you haven't seen that. record amounts of corporate cash in the banks not being spent to expand and that's the disconnect between stock and middle class comes. >> over the short term but over the long-term the picture we're painting, if there's two americas it's false and doesn't matter. companies are making money, rich people are making money. it doesn't hurt anyone. it's not a fixed piece of income pie. over the long-term it's wealth, if it's increasing everybody will benefit. this society has proven absolute wealth continues to march forward. >> we'll continue this discussion, thanks, guys. >>> hans solo and harrison ford, the faa may be closing traffic towers. >> is this is commercial aviation and passenger safety, and it's a critical issue that's got to be addressed immediately. >> hollywood
with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. at tyco integrated security, we consider ourselves business optihow?rs. by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we are sharper. >>> 15 past the hour. time to check our top stories. italian supreme court will decide if amanda knox should stand trial again for the hur of her roommate. the american student whose stories captured worldwide headlines spent four years in an
certain taxes on what they call sin taxes. personally, i don't think that it's something -- i laughed out loud when i heard because can you imagine the insurance possibility you'd have to take on to have somebody smoking pot on a cruise ship? it blows my mind to think the potential could be for disaster. but i guess an argument could be made. >> and you get the last word on pot. >> first time i've heard that. it's interesting to me. like this guy michael is high when he came up with this concept. i mean, i can picture him on this bus driving around and for getting where to park. i think recreation is one thing, but involving the outside of everyone else's group to go have a pot fest, you know, that's a little too much. >> and we'll end it there. thank you all. coming up next, sex, secrets and he is pespionage espionage. a defense contractor charged with telling top secret information to his mistress, but wait until you hear who she is and how he was caught. little mis you feel, use neosporin to help you heal. it kills germs so you heal four days faster neosporin. also try neosporin eczema
side their priority is to raise taxes by $1 trillion. ask the americans to give the government a trillion dollar more without balancing the budget. i don't know if they'll get together on that point. it's really stark ideological difference. >> president obama came under attack this week for filling out his ncaa brackets. some said he should have been working on his budget instead. here's his final four if you're curious. louisville, indiana, florida, ohio state. he has indiana winning it all. i know you have duke winning it all. i picked iowa state over the fighting irish yesterday so it helped my bracket. back to the subject. is it a fair criticism of the president if he should be writing a budget and not filling out brackets? >> no. again, that is ridiculous, christine, in terms of using this as a talking point. we know what president obama's priorities are in the budget. he's been talking about it nonstop for his first term and nonstop during this campaign. and by the way, the majority of americans, the american public, agree with his priorities on the budget. it's one of t
that the revenue office estimated that as a possible tax take. that's not my understanding of the liquor control board is using that as a target. at least i hope that. >> know the. that's probably the full size of the marijuana market in washington now. so we're not going to try to figure out how much money the state will make but how much marijuana is used now, and how much more might be used if it's legal and how much more to grow and sell within the state without the problem of having people export it out of state. that's the big problem as it looks to me. >> ah, okay. >> this is not a revenue estimization. not a state lottery. the only way to make a lot of money selling marijuana is to sell it to people smoking a lot of marijuana which is not a good thing. >> my final question. the dea said in a statement last year, keeping marijuana illegal reduces the availability, legalizing would increase accessibility and encourage promotion and acceptance of drug use. you just said the only way to make money is to sell it to people who use a lot of it and that's not a good thing. >> everything that was
reports new york is offering tax incentives to lure the show back to the big apple. as far as who would replace fallon after he moves on up in the lineup the new york post said nbc could dip into the "snl" pool once again, the great seth meyers is rumored to be the top man for the job. cnn reached out to nbc but the network is not commenting. >>> it was 50 years ago today when pop culture changed forever. today is the 50th anniversary of the release of the beatles' first album. please please me. the lp hit shelves in britain on march 22nd in 1963. sales started out slow. but it would hit number one in may. the british invaded and the beatles never looked back and neither did society. >>> game of thrones fans you still have a full week plus to wait for the premiere of season three but we can help you get your fix before then. don't miss my interview next week with game of thrones cocreator david benioff and i'll try to pry a few secrets out of him about the upcoming season. we asked you earlier to come up with a new cheer for harvard's basketball team. go crimson! at least we've got most
Search Results 0 to 49 of about 88 (some duplicates have been removed)

Terms of Use (10 Mar 2001)